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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - StockFinder 5.0 » Donchian Center Line

Donchian Center Line Rate this Topic:
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arathod
Posted : Monday, January 30, 2017 2:32:32 PM
Platinum Customer Platinum Customer

Joined: 10/20/2008
Posts: 357

Hello,

I need help to create and plot centerline for Donhian please.Thanks.
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StockGuy
Posted : Monday, January 30, 2017 2:40:16 PM

Administration

Joined: 9/30/2004
Posts: 9,187

If you plot Dochian channels you can turn on the center line plot by editing the indicator.  But if you need the formula you can use:

plot = (price.MaxHigh(15, 1) + price.MinLow(15, 1)) / 2

This assumes a period of 15 and an offset of 1.

 
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